Avista Corp. Board Declares Common Stock Dividend

Rhea-AI Summary

Avista Corp. (NYSE: AVA) has announced a quarterly dividend of $0.475 per share on its common stock. The dividend will be payable on September 13, 2024, to shareholders of record as of the close of business on August 22, 2024. This decision was made by Avista's board of directors, who regularly evaluate dividend levels based on various factors including financial results, business strategies, and economic conditions. The company emphasizes that dividend declarations are at the sole discretion of the board and are subject to ongoing assessment.

Positive

• Consistent dividend payment indicates financial stability
• Quarterly dividend of $0.475 per share provides income for shareholders

Negative

• None.

SPOKANE, Wash., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Avista Corp.’s (NYSE: AVA) board of directors has declared a quarterly dividend of $0.475 per share on the company’s common stock. The common stock dividend is payable September 13, 2024, to shareholders of record at the close of business on August 22, 2024.

The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors, including financial results, business strategies, and economic and competitive conditions.

About Avista Corp.
Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is the operating division that provides electric service to 418,000 customers and natural gas to 382,000 customers. Its service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million. Alaska Energy and Resources Company is an Avista subsidiary that provides retail electric service in the city and borough of Juneau, Alaska, through its subsidiary Alaska Electric Light and Power Company. Avista stock is traded under the ticker symbol "AVA."  For more information about Avista, please visit www.avistacorp.com.

This news release contains forward-looking statements regarding the company’s current expectations. Forward-looking statements are all statements other than historical facts. Such statements speak only as of the date of the news release and are subject to a variety of risks and uncertainties, many of which are beyond the company’s control, which could cause actual results to differ materially from the expectations. These risks and uncertainties include, in addition to those discussed herein, all of the factors discussed in the company’s Annual Report on Form 10-K for the year ended
Dec. 31, 2023, and the Quarterly Report on Form 10-Q for the quarter ended
Jun. 30, 2024.

To unsubscribe from Avista’s news release distribution, send reply message to dalila.sheehan@avistacorp.com

Contact:        
Avista 24/7 Media Line (509) 495-4174
Media: Lena Funston (509) 495-8090 lena.funston@avistacorp.com   
Investors: Stacey Wenz (509) 495-2046 stacey.wenz@avistacorp.com

FAQ

What is Avista Corp's (AVA) latest quarterly dividend amount?

Avista Corp. (AVA) has declared a quarterly dividend of $0.475 per share on its common stock.

When is the payment date for Avista's (AVA) recently announced dividend?

The dividend is payable on September 13, 2024.

What is the record date for Avista's (AVA) September 2024 dividend?

The record date for Avista's dividend is August 22, 2024, at the close of business.

How often does Avista Corp (AVA) review its dividend policy?

Avista's board of directors considers the level of dividends on a regular basis, taking into account various factors such as financial results, business strategies, and economic conditions.